Excellent opportunity to own a brick, three-family home in the heart of Sunset Park, Brooklyn! This multi-family property features three separate residential units, each offering 2 bedrooms and 1 full bathroom, with a finished basement providing additional versatile space for recreation, storage, or other potential uses, subject to applicable regulations. Ideal for both investors seeking rental income and owner-occupants looking to offset their mortgage with rental income, this property offers a practical layout with multiple possibilities. The solid brick exterior and three-family configuration make it an attractive opportunity for those looking to expand their real estate portfolio or accommodate extended family. Conveniently located in Sunset Park, this property offers easy access to neighborhood shopping, supermarkets, local restaurants, bakeries, and everyday essentials. The surrounding area features a vibrant, diverse community with a wide variety of dining options and neighborhood businesses, making daily living convenient and enjoyable. Transportation is another major advantage, with access to nearby public transportation connecting residents to other parts of Brooklyn and Manhattan. Schools, parks, houses of worship, and other community amenities are also available throughout the neighborhood. Whether you are looking for a multi-family investment, a property to accommodate multiple generations, or an opportunity to generate rental income, 319 48th Street presents a compelling combination of space, versatility, and neighborhood convenience. Don’t miss this opportunity to own a three-family brick property in a well-established Brooklyn neighborhood!. The property is 16 x 45, lot 16 x 100. The property will be delivered vacant by the closing.
Active
$1,075,000
319 48th St, Brooklyn, NY 11220
6beds
2,232sqft
Multi Family
Built in 1910
-- sqft lot
$1,059,300 Zestimate®
$482/sqft
$-- HOA
What's special
Brick exteriorSolid brick exteriorThree separate residential units
- 26 days
- 5,725
- 426
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Remax Edge 929-688-0882,
Mei Hua Dong,
Dan Dong
Source: StreetEasy,MLS#: S1853028
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,232
- Total interior livable area: 2,232 sqft
Property
Details
- Parcel number: 007640068
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $482/sqft
- Tax assessed value: $1,057,000
- Annual tax amount: $4,969
- Date on market: 10/14/2026
Estimated market value
$1,059,300
$996,000 - $1.12M
$3,715/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $1,075,000+76.2%$482/sqft |
Source: | ||
| 10/4/2005 | Sold | $610,000$273/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,969 +4.6% | $63,420 +3.7% |
| 2024 | $4,749 | $61,140 -8% |
| 2023 | -- | $66,480 -8.7% |
| 2022 | -- | $72,840 +5% |
| 2021 | -- | $69,360 +14.3% |
| 2020 | $4,417 +5.9% | $60,660 |
| 2019 | $4,171 +1.2% | $60,660 +207.9% |
| 2018 | $4,122 +3.5% | $19,704 +0.9% |
| 2017 | $3,983 +8.1% | $19,537 +6% |
| 2016 | $3,685 | $18,433 +6% |
| 2015 | $3,685 +83.9% | $17,391 +5.9% |
| 2014 | $2,003 | $16,420 |
| 2013 | -- | $16,420 +0.9% |
| 2012 | -- | $16,281 +6% |
| 2011 | -- | $15,361 +6% |
| 2010 | -- | $14,493 +5.9% |
| 2009 | -- | $13,684 |
| 2008 | -- | $13,684 +0.9% |
| 2007 | -- | $13,568 +6% |
| 2006 | -- | $12,801 +6% |
| 2005 | -- | $12,078 +5.9% |
| 2004 | -- | $11,404 |
| 2003 | -- | $11,404 +0.9% |
| 2002 | -- | $11,307 +6% |
| 2001 | -- | $10,668 +6% |
| 2000 | -- | $10,065 |
Find assessor info on the county website






